Intel Beats Shareholder Lawsuit Over $32 Billion Stock Plunge July 25, 2025 By Jonathan Stempel A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured...
Google to Spend $500M Revamping Compliance in Shareholder Settlement June 2, 2025 By Jonathan Stempel Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the...
UnitedHealth Sued by Shareholders Over Reaction to Backlash From Executive’s Killing May 8, 2025 By Jonathan Stempel UnitedHealth Group was sued on Wednesday for allegedly concealing how backlash from the killing of a top executive was damaging...
Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims October 23, 2024 By Jonathan Stempel Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy...
Zuckerberg, Meta Are Sued for Failing to Address Sex Trafficking, Child Exploitation March 22, 2023 By Jonathan Stempel A new lawsuit accuses Mark Zuckerberg and other Meta Platforms Inc. executives and directors of failing to do enough to...
Musk Holds Out As Other Tesla Directors Settle Investors’ SolarCity Claims for $60M January 30, 2020 By Jef Feeley and Dana Hull All Tesla Inc. directors except Chief Executive Officer Elon Musk agreed to a $60 million settlement to resolve shareholder lawsuits...
CBS Settles $1.25M Investor Lawsuit over ‘Improper’ Redstone Compensation March 18, 2019 By Jef Feeley and Lucas Shaw CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars...
Shareholders Sue Wynn Board for Not Investigating CEO Accused of Misconduct February 8, 2018 By Tom Hals The board of Wynn Resorts has been sued by shareholders, claiming the board knew for years that Steve Wynn, founder...
Court Rejects Wal-Mart Shareholders’ Claim of Directors’ Liability for Mexican Bribes July 25, 2016 By Jonathan Stempel Wal-Mart Stores Inc. executives and directors persuaded a federal appeals court on Friday to reject shareholder claims that they permitted...
Wal-Mart Must Share Documents on Mexico Bribery Probe: Court July 28, 2014 By Tom Hals The Delaware Supreme Court affirmed last Wednesday a lower court ruling that ordered Wal-Mart Stores Inc. to provide a shareholder...